Everleaf Gaming Executive arrested for "Misappropriation of Players' Funds"

According to the public statement by Malta Lotteries & Gaming Authority (LGA), one of the main people behind the company, Michael Zwi Oros was arrested last week and charged with “misappropriation of players’ funds” and not paying a significant amount of taxes and licenses fees. He was released on a €10,000 bail, but must remain in Malta and is required to check-in at local police station each day.

Everleaf left US market in February 2012 after just $27k was seized from their payment processor. Some time later, the Maltese & lotteries Gaming Authority (LGA) suspended the gaming licenses held by Everleaf Gaming Limited on July 26, 2013. and the site was prohibited to not register new players, take any new deposits, or offer any games falling under LGA license.

LGA Executive Chairman Joseph Cuschieri said: "Our key objective is to recover the funds owed to the players. We are committed to ensure that player funds are protected at all times and to this effect, the LGA will be taking concrete measures to strengthen its player protection mechanisms well beyond the benchmarks in Europe and other jurisdictions."

The criminal investigation is still ongoing regarding Mr.Jean Pavili, another director of Everleaf.

What site do they handle?

not again :/

Is this a known site?

Ive played there for a bit dont remember how many years ago, but there werent many games and Ive felt something fishy was going on tbh.

This is great news that people are being put in prison for stealing players funds.

Of course it sucks getting your money stolen from you, my condolences go out to the victims, same thing happened to me on AP..

The Malta LGA are working very hard now to make sure that Player Funds are protected. It is their number 1 priority - this has not been so in the past but with this new focus it makes Malta licenced poker operators very safe these days.